Answer:
c. The market equilibrium price for televisions maximizes the total welfare of television buyers and sellers.
Explanation:
Welfare economics by definition , is the study of how various allocation of resources affects economic well-being of buyers, seller and community at large. This study seeks to evaluate economic policies and determines their effects on the well-being of buyers and sellers. It assumes that an efficient allocation can be attained by a competitive equilibrium, given the market mechanisms that cause redistribution. However, the tools of welfare economics are not reliable when markets are inefficient.
Answer:
My answer is A) C) and D)
Explanation:
If I am wrong please tell me.
I believe it’s false
I’m sorry if I’m wrong
Answer:
The correct answer is <u>value</u>.
Explanation:
Marketing can be defined as a process of selling a product in the market. It involves the collection, analyzing and interpretation of data related to the market, regarding a good or service, or about customers, both past as well as potential.
It involves understanding the market and the client, then creating and communicating the product that delivers value to the customers.
C realtors get paid depending on how much the property cost.
